Bank Of Baku

Kapital Bank gets 45% rise in assets year-on-year

Kapital Bank gets 45% rise in assets year-on-year
# 13 August 2012 12:41 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of July 1, 2012, Azerbaijan-based Kapital Bank’s assets stood at AZN 269.350 mln, up 45.2% in comparison to a year ago.

Bank says loan portfolio soared 43.2% to AZN 803.230 mln, deposit portfolio soared 44% to AZN 437.858 mln.

Total capital rose 25% to AZN 89.960 mln, including authorized capital grew 33.3% to AZN 40 mln.

Number of active plastic cards rose 5.2% to 2,205,188, ROA rose 0.19 percentage points to 0.68%, ROE surged 3.33 percentage points to 9.38%.

Remind that, Kapital Bank has been in operation since 2000. The bank operates 89 branches across the country.
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